NewsWare’s Trade Talk: Wednesday, November 29

S&P Futures are displaying gains this morning. Comments by Fed Gov Waller yesterday were very noteworthy and indicates a less hawkish Fed. The odds of the central bank cutting rates in March by at least 25 basis points is priced at 42%, up from just 21% early Tuesday. GM reinstated quarterly guidance and announced a 10B share buyback.  Congress is preparing to tighten U.S. investment in Chinese technology from the annual defense policy bill. After the bell today watch for earnings announcements from CRM, SNOW, PSTG, FIVE, PVH, OKTA & SNPS European stocks are mainly higher and oil prices are higher by more than 1%.